Indianapolis Duplex JV — Conservative Underwrite (Plumbing Reserve Included)

[Andrew Foord]

Looking for a JV/private capital partner on an Indianapolis duplex: 24 S Euclid Ave, Indianapolis, IN 46201.

Deal snapshot

• Purchase price: $129,000

• Capital needed (20% down): $25,800

• Underwriting approach: conservative, with added CapEx/maintenance buffers

Conservative assumptions included

• Dedicated plumbing/CapEx reserve baked into underwriting

• Ongoing maintenance reserve added monthly

• Vacancy + repair sensitivity modeled before final go/no-go

Proposed structure (flexible)

• You provide capital/down payment

• I handle acquisition, leasing, management, and execution

• Open to JV/equity structures, including preferred return options

If this aligns with your buy box, DM me and I’ll share the full underwriting packet (base + stress scenarios) and operating plan.

Listing: https://www.zillow.com/homedetails/24-S-Euclid-Ave-Indianapolis-IN-46201/245127287_zpid/